Monthly Archives: November 2010
Loss Not Due To Market Conditions
Loss Recovery Center is currently representing a client from Boston whose stockbroker wanted to make up for the $165,000 in losses incurred as a result of the bad investment recommendations he had made over the previous 4 years. In 2008 … Continue reading
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LCM VII LTD Notes sold by Banc of America Securities
Banc of America Securities created and/or purchased a significant number of Collateralized Loan Obligations (CLO’s) (securities backed by corporate loans). Banc of America Securities bundled them, and sold one of them as LCM VII LTD Notes. The LCMÂ VII Notes were … Continue reading
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